There are many ways to give to NewDay Services for Children and Families. Whichever way you choose, you are helping us make a positive impact on children's lives through the renewed hope given to parents and the positive influence they have on their children.
Planned Giving: Start putting your trust in us by making us part of your trust, bequest or endowment and start many years of giving.
- Please see your personal legal or financial advisor to plan this gift to NewDay.
Life Insurance: Purchase a life insurance policy and name NewDay Services as the owner and beneficiary of the policy.
- Receive a charitable income tax deduction
- If NewDay retains the policy to maturity, you can receive charitable deductions by making annual gifts so that we can pay the premiums.
- If we retain the policy to maturity or name NewDay as beneficiary, once it matures, proceeds can further our mission.
Stocks & Securities:
A gift of stock or mutual funds before December 31st could be your best way to maximize tax savings and meet your charitable giving goals this year.
Even if your stocks have lost value since you purchased them you can receive tremendous tax advantages. The key is in how you give the securities. Consult with your financial adviser and consider the following tips.
The smart way to give depreciated stock
For stocks that have lost value (depreciated) the key is to sell them first and then give the cash proceeds to NewDay Services. You may benefit tax-wise in two ways –
you may be able use both the capital loss and charitable deduction if you itemize.
The smart way to give appreciated stock
For stocks that have increased in value (appreciated), the key to receiving tax savings is to donate the shares directly to NewDay Services. You may receive a double tax benefit by:
· Avoiding capital gains on the profit you've gained, and
· Receiving a tax deduction based on the fair market value of your gift if you itemize deductions.
Making a stock gift is easy! Simply use the brokerage information below.
For gifts of appreciated securities, please provide your broker with the following information to facilitate the transfer of shares:
NewDay Services for Children and Families
Account Title: New Day Services for Children and Families
Tax ID #: 75-2736992
NewDay Services Account number: 1167-8801
Receiving Firm Information:
Wells Fargo Clearing Services, LLC (WFCS)
Tax ID Number: 23-2384840
Account Transfer Department: 855-372-3526
Please remind your broker to include your name, contact information, and any special instructions for use of the gift with your transfer.
To expedite the processing of your gift, we suggest that you contact us with information about the type of stock and number of shares, as well as any special considerations you may have. Please direct information about your gift and any other questions to:
Betsy Holland, Director of Developmentfirstname.lastname@example.org
Tommy Jordan, Executive Director— email@example.com
NewDay Services complies with the Model Standards of Practice for the Charitable Gift Planner adopted and subscribed by the National Committee on Planned Giving and American Council on Gift Annuities.